Quick Answer: What Is The Antonym Of Beneficiary?

What does benefactress mean?

English Language Learners Definition of benefactress somewhat old-fashioned : a woman who helps another person, group, etc., by giving money : a female benefactor..

What is the role of a beneficiary?

If you are entrusted with an inheritance after the death of a loved one, you become a beneficiary. In the role of beneficiary, you are awarded certain rights and responsibilities for receiving and managing the assets, be they cash, personal property or investments.

What is the definition of beneficiary?

Definition: In life insurance, the beneficiary is the person or entity entitled to receive the claim amount and other benefits upon the death of the benefactor or on the maturity of the policy. Description: Generally, a beneficiary is a person who receives benefit from a particular entity (say trust) or a person.

What is the synonym of beneficiary?

heirbeneficiary.crown prince/princess.devisee.grantee.heritor.inheritor.next in line.scion.More items…

What is the difference between benefactor and beneficiary?

However, the key difference between a benefactor and a beneficiary is the direction in which the benefit is being given. A beneficiary is the person who receives the benefit. … The benefactor is the person who gives money (or some other thing of value) to another person.

What is bank transfer beneficiary?

The person to whom the payment is to be made needs to be added as a ‘beneficiary’ and his bank account details provided in order to transfer the funds. These include the name of the beneficiary account holder, account number, bank and branch name, and the IFSC code of the beneficiary bank branch.

Who should you add as a beneficiary?

Generally, you can designate any one or more of the following examples as a beneficiary: One person. Two or more people (and you decide how the benefit is split among them) The trustee of a trust you’ve established.

What is another word for user?

Synonyms for userbuyer.customer.purchaser.shopper.enjoyer.end user.

What is another word for heir?

RELATED WORDS AND SYNONYMS FOR HEIRalmsperson.assignee.devisee.donee.grantee.heir.heiress.inheritor.More items…

What is the antonym of benefactor?

Antonyms of BENEFACTOR beneficiary, recipient, opponent, antagonist, donee, opposer.